inhousetax.co.uk - Talentpool Selection
About In House Tax

About In House Tax

This weblog is a news and views site for tax professionals within the UK and international in-house tax community.  You will find information about appointments and people moves in and around the in-house tax market, issues affecting the in-house tax professional, opinions on the state of the tax job market, updates on tax technology, and other general thoughts of the day.

Hope you find it useful.

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Location: St Albans, United Kingdom

This site has been developed by Simon Godley, who also runs the niche tax recruitment company Talentpool Selection . Simon spends a lot of his time placing tax specialists into FTSE companies, large in-bound groups and some professional services organisations. He also recruits and is well networked around the UK tax technology and VAT markets.

Tax News

UBM follows Shire's tax move to Ireland

Wednesday, 30 April 2008

Various tax news websites are reporting today that United Business Media (UBM) is doing the same as Shire Pharmaceuticals, incorporating in Jersey and being tax resident in Ireland, with a FTSE listing. Although some camps are calling this blatant tax avoidance, I don't blame them if it is not clear how foreign profits are taxed in the UK, particularly if 85% of your profits are outside the UK. I don't think UBM will be the last FTSE group to announce this type of restructure.

Click here for the full announcement.

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posted by Simon Godley

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